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Axteria Group Bhd (XKLS:7120) Cyclically Adjusted PB Ratio : 0.23 (As of Jun. 09, 2024)


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What is Axteria Group Bhd Cyclically Adjusted PB Ratio?

As of today (2024-06-09), Axteria Group Bhd's current share price is RM0.135. Axteria Group Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was RM0.60. Axteria Group Bhd's Cyclically Adjusted PB Ratio for today is 0.23.

The historical rank and industry rank for Axteria Group Bhd's Cyclically Adjusted PB Ratio or its related term are showing as below:

XKLS:7120' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.15   Med: 0.25   Max: 0.35
Current: 0.23

During the past years, Axteria Group Bhd's highest Cyclically Adjusted PB Ratio was 0.35. The lowest was 0.15. And the median was 0.25.

XKLS:7120's Cyclically Adjusted PB Ratio is ranked better than
80.71% of 1389 companies
in the Real Estate industry
Industry Median: 0.71 vs XKLS:7120: 0.23

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Axteria Group Bhd's adjusted book value per share data for the three months ended in Mar. 2024 was RM0.207. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is RM0.60 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Axteria Group Bhd Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Axteria Group Bhd's Cyclically Adjusted PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Axteria Group Bhd Cyclically Adjusted PB Ratio Chart

Axteria Group Bhd Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.33 0.21 0.25

Axteria Group Bhd Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.23 0.25 0.26 0.25 0.24

Competitive Comparison of Axteria Group Bhd's Cyclically Adjusted PB Ratio

For the Real Estate - Development subindustry, Axteria Group Bhd's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Axteria Group Bhd's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Axteria Group Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Axteria Group Bhd's Cyclically Adjusted PB Ratio falls into.



Axteria Group Bhd Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Axteria Group Bhd's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.135/0.6
=0.23

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Axteria Group Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Axteria Group Bhd's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.207/131.7762*131.7762
=0.207

Current CPI (Mar. 2024) = 131.7762.

Axteria Group Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.645 100.560 0.845
201409 0.637 100.428 0.836
201412 0.636 99.070 0.846
201503 0.628 99.621 0.831
201506 0.648 100.684 0.848
201509 0.686 100.392 0.900
201512 0.702 99.792 0.927
201603 0.691 100.470 0.906
201606 0.670 101.688 0.868
201609 0.669 101.861 0.865
201612 0.680 101.863 0.880
201703 0.671 102.862 0.860
201706 0.649 103.349 0.828
201709 0.632 104.136 0.800
201712 0.597 104.011 0.756
201803 0.589 105.290 0.737
201806 0.591 106.317 0.733
201809 0.579 106.507 0.716
201812 0.528 105.998 0.656
201903 0.529 107.251 0.650
201906 0.529 108.070 0.645
201909 0.529 108.329 0.643
201912 0.519 108.420 0.631
202003 0.511 108.902 0.618
202006 0.483 108.767 0.585
202009 0.472 109.815 0.566
202012 0.335 109.897 0.402
202103 0.305 111.754 0.360
202106 0.272 114.631 0.313
202109 0.269 115.734 0.306
202112 0.272 117.630 0.305
202203 0.257 121.301 0.279
202206 0.259 125.017 0.273
202209 0.258 125.227 0.271
202212 0.243 125.222 0.256
202303 0.208 127.348 0.215
202306 0.210 128.729 0.215
202309 0.210 129.860 0.213
202312 0.207 129.419 0.211
202403 0.207 131.776 0.207

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Axteria Group Bhd  (XKLS:7120) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Axteria Group Bhd Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Axteria Group Bhd's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Axteria Group Bhd (XKLS:7120) Business Description

Traded in Other Exchanges
N/A
Address
No.56, Jalan Setia Tropika 1/14, Suite 02-01, Level 2, Wisma Teras Eco, Taman Setia Tropika, Johor Bahru, JHR, MYS, 81200
Axteria Group Bhd, formerly Acoustech Bhd is an investment holding company engaged in the property development and construction business. It operates through three divisions. The Property Development and Construction Division, which derives the majority of revenue, involves developing properties, securing, and carrying out construction contracts. The Investment Holding division involves activities where investments contribute to dividend income and interest income as well as sharing of results of the investee companies and Trading division involves wholesale of construction materials to third party customers. It only operates in Malaysia.

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